Magellan Advances Development Work at Center Star Gold Mine in Idaho
WALLACE, Idaho, Dec. 16, 2020 (GLOBE NEWSWIRE) -- via NewMediaWire -- Magellan Gold Corporation ( OTCQB: MAGE )(Magellan or the Company), a US focused precious metals exploration and development company, today announced that the Company is now beginning work to clean out and stabilize the main drift after successfully reopening the main portal and emergency access portal at the Center Star Gold Mine (Center Star) near Elk City, Idaho.
- WALLACE, Idaho, Dec. 16, 2020 (GLOBE NEWSWIRE) -- via NewMediaWire -- Magellan Gold Corporation ( OTCQB: MAGE )(Magellan or the Company), a US focused precious metals exploration and development company, today announced that the Company is now beginning work to clean out and stabilize the main drift after successfully reopening the main portal and emergency access portal at the Center Star Gold Mine (Center Star) near Elk City, Idaho.
- It has been 35 years since exploration or development work was last conducted in the Center Star Mine.
- Located near the Elk City mining district of Idaho, Center Star hosts high-grade gold mineralization that was discovered in the early 1900s, with periodic historic production and development work done under different ownership through the 1980s.
- Since acquiring the Center Star project in July 2020, Magellan acquired additional unpatented mining claims adding 320 acres of land to increase its holding to 620 acres of claims along the Center Star gold trend.